Stock Matters© is the trading name of MD Stocktaking Limited | Registered in England and Wales | Company Number 06973542
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Another example is that your stock report shows a variation in your lager of a deficit of 7 gallons over a 4 week stock period. There could be several reasons including staff pilfering (ie giving away free drinks to friends), staff skimming tills, manager allowing staff drinks (2 pints per day), or a dispense issue. If you do not have regular stocktakes and this deficit is not identified to you over a period of one year, with a selling price of £2.50 per pint and a GP of 50%, you could missing out on additional £791 cash in your bank account.
This additional profit, which many managers, licensees and tenants are not even aware they are missing out on, will often be the ‘make or break’ of many businesses.
Example - 1:
Your till shows that you have sold 14 baileys during a particular stock period, however your stock is showing that you have only sold 7; the main reason this would happen is that your staff are pouring a Baileys in a 25ml measure when it should be a 50ml measure.
